Entrepreneurship for Kids Worksheet: Needs and Wants
Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.
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- 1.Which of these is a need? (a) school shoes (b) a toy robot (c) a party dress (d) sweets every day
- 2.True or false: “medicine when ill” is a need. (a) False (b) True
- 3.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
- 4.🛒 Need or want: a video game? (a) a need (b) a want
- 5.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) soap (d) a glitter pen set
- 6.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) designer sunglasses (d) a party dress
- 7.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) a third pair of shoes (d) a warm blanket
- 8.Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) a party dress (d) a glitter pen set
- 9.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) rice and dal (d) a sticker album
- 10.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 11.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
- 12.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
- 13.Which of these is a want? (a) a school uniform (b) medicine when ill (c) sweets every day (d) school shoes
- 14.Which of these is a need? (a) medicine when ill (b) a video game (c) a fancy phone cover (d) a toy robot
- 15.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 16.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
- 17.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
- 18.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
- 19.Which of these is a want? (a) a warm blanket (b) drinking water (c) a fancy phone cover (d) notebooks for school
- 20.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 21.🛒 Need or want: sweets every day? (a) a need (b) a want
- 22.True or false: “drinking water” is a need. (a) False (b) True
- 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a toy robot (d) bus fare to school
- 24.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) soap (d) a glitter pen set
- 25.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) a warm blanket (d) a party dress
- 26.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 27.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 28.True or false: “a party dress” is a want. (a) False (b) True
- 29.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 30.🛒 Need or want: school shoes? (a) a need (b) a want
- 31.🛒 Need or want: rice and dal? (a) a need (b) a want
- 32.🛒 Need or want: a school uniform? (a) a want (b) a need
- 33.🛒 Need or want: a toy robot? (a) a need (b) a want
- 34.True or false: “school shoes” is a need. (a) True (b) False
- 35.Which of these is a need? (a) a party dress (b) a video game (c) a roof over your head (d) a fancy phone cover
- 36.True or false: “medicine when ill” is a want. (a) True (b) False
- 37.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 38.True or false: “designer sunglasses” is a want. (a) True (b) False
- 39.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a toy robot (d) soap
- 40.🛒 Need or want: a party dress? (a) a need (b) a want
Answer key
- school shoes
- True
- the needs
- a want
- soap
- rice and dal
- a third pair of shoes
- bus fare to school
- rice and dal
- a want
- people always need them
- umbrellas and raincoats
- sweets every day
- medicine when ill
- a want
- hot drinks
- many people want it
- we must have to live
- a fancy phone cover
- a want
- a want
- True
- bus fare to school
- a glitter pen set
- a party dress
- False
- a need
- True
- True
- a need
- a need
- a need
- a want
- True
- a roof over your head
- False
- a need
- True
- soap
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids